General Electrics HR Policy Essay - 843 Words

GE’s Talent Machine : The Making of a CEO Founded in 1878 by Thomas Edison, General Electric is nowadays a leading business in electrical generation, distribution and use in America and in the world. The company has been experimenting successful business models since its creation, and its human resources policy has been considered for a century one of the most sophisticated. It consists in a strong focus on human potential through executive development to the top ranks of the firm: this performance based meritocracy has made GE a â€Å"CEO factory† for the company and for all corporate America. In 2001, Jeff Immelt, the company’s new leader was faced with the problem of how to keep this talent machine humming.†¦show more content†¦The â€Å"CEO factory† thus became effective when GE no longer felt the need to compete for business graduates because the company had become attractive and offered its particular kind of bottom-up, company oriented, meritocracy based career. These cultural changes wer e accompanied by a shift of performance evaluation towards company’s objectives and values, with a strong intervention of HR experts and a daily performance management (â€Å"in GE, it’s not just a focus on people; it’s an obsession†). ________________________________________ Jeffrey R. Immelt is a pure product of this system: he underwent harsh evaluation, corporate courses, career planning and was confronted to economic challenges (in the Appliances, Plastics and Medical Systems businesses). He successfully passed every step of the performance evaluation and was finally picked as the new CEO in 2001, based on his adaptation skills and his attachment to the company’s performance and values. The day after his nomination was the 9/11, but Immelt’s commitment to growth remained intact. HR were a key factor in his strategy of strengthening the assets of GE,: Immelt aimed at aggregating the engineering talents of GE (to keep a technological leadership), at facilitating the communication (to accelerate the services), at promoting a â€Å"passion for the customer† (to ensure enduring customer relationships), at focusing on human capital (as a resource reallocation) and atShow MoreRelatedLincoln Electric s Business Model1648 Words   |  7 Pages1 Introduction Headquartered in Cleveland Ohio, Lincoln electric’s business model consists of distributing welding consumables, equipment’s and solutions. Lincoln initially traded electric motor cars and steadily moved on to welding. Lincoln’s vision, led by founder John C. Lincoln is to provide high quality welding, joining and cutting equipment’s globally. 2 Findings 2.1 Strategy Lincoln designs, develops and manufactures arc welding products, robotic arc welding systems, fume extraction equipmentRead MoreGeneral Electric Essay4271 Words   |  18 Pages  STRATEGY       GENERAL   ELECTRIC             STREAM   1   Ã¢â‚¬â€œ   COURSE   WORK       GROUP   - ­Ã¢â‚¬    11    AHMED   AHMED    ETTEFAGH   TAHSIN    MASHAT   MOAZ    QING   SHAN    ZHENG   DANYI    UNIVERSITà    DELLA   SVIZZERA   ITALIANA,   LUGANO   Ã¢â‚¬â€œ   CORPORATE   STRATEGY   2012/2013    Corporate   strategy    Table   of   Content       1. Introduction to the General Electric Company Read MoreTransforming Human Resources at Novartis: The Human Resources Informations System (HRIS)5736 Words   |  23 PagesrP os t CASE: HR-22 DATE: 01/14/04 op yo TRANSFORMING HUMAN RESOURCES AT NOVARTIS: THE HUMAN RESOURCES INFORMATION SYSTEM (HRIS) Since the early days of the merger, we knew we would need a significant effort to transfer the new company into a high-performance organization.1 —Daniel Vasella, MD, Chairman and CEO, Novartis AG INTRODUCTION tC Since the merger of Ciba-Geigy and Sandoz that created the Swiss healthcare and pharmaceutical company of Novartis in December 1996Read MoreAn Examination of Political and LEgal Factors Affecting Global Human Resource Management5920 Words   |  24 PagesIn today’s society, there are corporations that are making huge profits from customers on a daily basis lining the pockets of Upper Management, CEO’s, and the Owners. The essential part to any company is the Human Resource Department also known as HR or HRM. This department aids in the training and development of its employees. The company is making an investment in its employees to maximize the benefits of its employees. One of a company’s most expensive assets is its human capital, the humanRead MoreBohlander/Snell-Managing Hr24425 Words   |  98 Pagescompeting internationally. objective 1 2 3 4 5 6 7 8 Identify the unique training needs for international assignees and their employees. objective Explain the economic, politicallegal, and cultural factors in different countries that HR managers need to consider. objective Identify the characteristics of a good international compensation plan. objective Explain how domestic and international HRM differ. objective Reconcile the difficulties of home- and host-countryRead MoreMahfuz7742 Words   |  31 Pagesspecialization, servitude to market forces, and declining moral ambitions. 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Unfortunately, this constrained many employee’s productivity; just like those who worked too little, those who worked too much were shunned by other membersRead MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 Pagesmany human resource issues, particularly those involved in major strategic initiatives. When senior managers formulate and implement strategies, their values and philosophies are communicated to m embers of the organization through human resource policies and practices.7 For example, senior managers who are Page 6 STRATEGIC HUMAN RESOURCE MANAGEMENT Section One committed to the preservation of the organization’s human resources can manage the stress associated with major strategic events,Read MoreCase: Amanco7674 Words   |  31 Pageschosen water as the commodity that could appreciate the most in the next several decades. There is only one direction for water prices at the moment, and thats up, stated the manager of a $2.9 billion water fund based in Ceneva.? Similarly, General Electrics CEO Jeffrey Immelt anticipated doubling GEs revenue from water purification and treatrnent to $5 billion by 2010.10 The Inter-American Development Bank invested $3.1 billion in water and sanitation projects in Latin American between 2003 andRead MoreTraditional and Contemporary Issues and Challenges14128 Words   |  57 PagesRockefeller (oil), and Andrew Carnegie (steel). The contributions of those and other industrialists left a profound imprint on contemporary culture.5 Many managers are also realizing that they can benefit from a greater under standing of history in general. For example, Ian M. Ross of ATT’s Bell Laboratories cites The Second World War by Winston Churchill as a major influence on his approach to leadership. Other books often mentioned by managers for their relevance to today’s business problems include

Effects of Lack of Education - 627 Words

Effects of Lack of Education Intro: Thesis: Lack of education keeps a people oppressed In the Narrative of the Life of Frederick Douglass: An American Slave, Frederick Douglass portrays to the readers how lack of education can keep a people oppressed. Frederick Douglass believed that all men are created equal, and he also knew that people must make themselves what they want to be. Because of this fact, Frederick Douglass discovered that education and self-improvement were extremely important aspects in a slave’s journey to freedom. According to Frederick Douglass, the worst thing about slavery was that it prevents a people form improving themselves through education. Frederick Douglass said, â€Å"Once you learn to read, you will be forever free†. Frederick Douglass strongly believed that lack education was the primary component that kept slaves in bondage. Frederick Douglass strived towards expanding his knowledge though reading and writing. The white slave owners were aware of the power of education; therefore they kept their slaves ignorant. In Dougla ss’ narrative, he talks about how his mistress in Baltimore began teaching him to read. His slave master becomes outraged upon finding out that Douglass is being educated. He says, If you ever teach that nigger how to read, there would be no keeping him. It would forever unfit him to be a slave, (Douglass, 31). Douglass’s master was aware of the fact that education is vital; education is freedom. He refers to this as, theShow MoreRelatedExtreme Poverty : Causes, Effects, And Solutions902 Words   |  4 PagesExtreme poverty is an issue in many countries all over the world. There are several causes, effects, and solutions to this issue. Extreme poverty is living on under two dollars a day, migration, violence, lack of education, diseases, starvation and exploitation. Colombia is a country where there are people living on two dollars a day. 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After King Salman became a king, he issued a royal order in 2015 to merge the Ministries of Higher Education and The Ministry of Education (New Saudi King, 2015). It is now only called The Ministry of Education (MOH). By 1938, oil was discovered in huge amounts in Saudi Arabia and by 1950 there were 365 schools educating 42,000Read Moreeffect of lack of computer1319 Words   |  6 PagesStudy and Its Background Introduction Several complaints regarding the lack of sufficient school facilities have been a great concern nowadays at Polytechnic University of the Philippines in Santa Rosa Campus. With regards to this, certain components like lack of computers, improper lighting and poor air quality affects the overall academic performance of the students. 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Retaining High Potential Employees Free Essays

Generally, talent management refers to the identifying, developing, and retaining high potential employees for top key business positions including training, career planning, HR development, succession planning, performance management, balanced demand and supply of qualified workforces so that the organization can reach to their target goal but the approaches vary from organization to organization (Mathis Jackson, 2008, p. 292) [14]. Talent management is one of the fundamental terms in the operational area of HR governance where talent attraction, talent development, talent deployment and retention are four major paradigms to ensure the sustainability of human resources(Grobler, Bezuidenhout and Hyra, 2014) [15]. We will write a custom essay sample on Retaining High Potential Employees or any similar topic only for you Order Now If there is no proper managerial succession planning, the practice of learning organization, career planning and mentoring, then the retention of highly talented people would be very challenging for the long run. The current study also expects the positive relationship between talent management and sustainable human resource development and develops the following hypothesis:H1: There is positive relationship between talent management and sustainable human resource development. 3.2 Consolidated HR policy:The practices of sound HR policies directs towards the strong committed labor pool for any organization. HR policy is the foundation of all HR activities. It is the written directions about the employment and plays a remarkable role to implement organization’s HR strategy effectively like transforming organization into a more optimistic perception, transparency and psychological contact regarding the job (Watson, 2013) [16]. Moreover, it is not static dictation rather continuously updated and improved with the changing environment such as developing new HR policies, implementing, reviewing and ensuring that human resource expertise is represented as part of the skill set of the board of directors (Moore, 2011) [17]. The current study ought to examine the relationship between consolidated HR policy and sustainable human resource development and following hypothesis is developed:H2: There is positive relationship between consolidated HR policy and sustainable human resource development. 3.3 HR risk management:Although risk is inevitable in business environment, it is also common in HR practices. So, the organizations need to identify, observe, prioritize and manage key HR risks with a pragmatic, integrated and coordinated approach which might be comprehensive analysis of its personnel risks. For instance, the optimistic HR environment leads to the minimum level of risk and increases an organization’s ability to manage risks. HR Risk Management Service Line Leader in the United States of America (USA); Christopher Lipski pointed that managing risk in the HR area has gaining increasingly importance for global executives (Ernest Young, 2009) [18]. Good HR governance includes the proper risk monitoring activities such as standard code of ethics, contingent management, conflict, stress management and so on. As proactive approach, companies must be careful of becoming risk complacent when they assume that they can forecast the future accurately (Taleb, 2007) [19]. This hypothesis is developed to prove the following relationship:H3: There is positive relationship between HR risk management and sustainable human resource development. 3.4 Employee development:The actual growth of an organization completely depends upon the intelligent and skilled employees’ collaborative team performance. From this perspective, employee development is an emerging issue for the sake of organizational development. It means the physical and psychological both development of employee and organization as a whole. Hence, it is believed that when human resources would develop, organization would be more flourished regarding its overall growth (Elena, 2000) [20]. Now, it is a common practice to all concerned organization to turn the human resources into the human capital through effective training and development, offering the scope of self-actualization, coaching and mentoring, on the job career development and overall interpersonal skill development which will lead to the intended employee performance. The following hypothesis is developed to examine the relationship between employee development and human resource development:H4: There is positive relationship between employee development and sustainable human resource development. 3.5 Compensation benefits:Simply, the compensation is the monetary value to an employee in return of his/her services. It comprises some other benefits and rewards for the employees which they receive in the forms of pay, wages, fringe benefits and so on which work as motivating factor behind their best performance (Holt, 1993) [21]. The behavioral aspects of employees are affected by compensation. Monetary benefits can increase feelings of self-reliance (Vohs, Mead, ; Goode, 2006, 2008) [22] and also increase pain tolerance (Zhou, Vohs, ; Baumeister, 2009) [23]. If the compensation system is appropriate for all then organizational policies and procedures could have their desired effects. Moreover the structure and implementation of compensation systems not only can affect employee motivation, but also can improve safety, quality, and creativity at their workplace. The following hypothesis focuses on the impact of compensation on human resource development:H5: There is positive relationship between compensation benefits and sustainable human resource development.3.6 Employee welfare:Employee welfare comprises various benefits and facilities such as allowances, housing, transportation, office time meal and medical insurance etc. It also includes monitoring of working conditions, creation of industrial harmony and so on. Employee welfare oriented environment leads to increase the number of satisfied employees which ultimately ensures the incremental profitability growth. Some common cherished employee welfare activities at workplace are flexibility in job responsibility, community benefits, transportation facilities, childcare facilities and so on. Some Bangladeshi organizations are practicing the employee participation in Workers Profit Participation Fund (WPPF) which is one of the significant fringe benefits for employee welfare. Bangladesh Labor Law (Amendment) 2013, Section 234 of the Act No. 42 of 2006[24]. -In Section 234 of the said Act – (a) Replacing Clause (b) of Sub – Section (1), the following Clause (b) shall be replaced, e.g.: (b) of the owner within maximum nine months from the completion of a year, 5 percent from the net profit for the year shall contribute to the WPPF with a proportion of 80: 10: 10 to the Participatory Fund, Welfare Fund and Workers’ Welfare Foundation Fund established under Section 14 of the Bangladesh Workers Welfare Foundation Act, 2006[25]: Provided that if any employer has paid one percent (1%) of net profit to the Welfare Fund immediately before effectiveness of this Act, the Board of Trustees is obligated to transfer 50% of deposited amount in favor of the Welfare Fund to the Workers Welfare Foundation Fund. This hypothesis is developed to prove the following relationship: How to cite Retaining High Potential Employees, Papers

International Communication for Women in Culture and Society

Question: Discuss about theInternational Communicationfor Women in Culture and Society. Answer: There is still an imbalance in the flow of global news. Do you agree or disagree with this statement? The 21st century is characterized by dynamic and multi-dimensional forms of flow of information that have been channeled towards driving development and modernization, especially in decolonized countries. Despite the steps made, an imbalance still exists when it comes to the flow of global news. This paper, therefore, provides an analysis on the imbalance in the flow of global news using the Structural theory of imperialism and the world system theory. The structural theory of imperialism by Johan Galtung argues that the world is made up of center and periphery nations and each nation has its periphery and center (Cho, 2013, p. 785). The theory states that usually, information flows from the developed nations to developing. Meaning, there is an unbalanced and unidirectional flow of news and television programs from the center (developed countries) to the periphery (developing nations) (Cho, 2013, p. 788). This is true considering the number and type of information covered by international media. For example, most news content covered by the CNN is usually based on the good happenings in developed countries. However, when discussing Africa, which has more developing nations, the stories are emphasized on calamities such as drought, diseases, and warfare. Just like the Structural theory of imperialism, the World system theory developed by sociologist Immanuel Wallerstein can be used to explain the nature of information flow of global news (Ei-Ojeili, 2014, p. 135). This approach suggests that there exists a world economic system where some countries benefit and others are taken advantage of. Meaning that there is some degree of superiority among nations and the core countries dominate the peripheral. The dominance is manifested in the makeup of news and program content (Ei-Ojeili, 2014, p. 140). Most news covered by international news agencies is based on the developed nations. For example, during the US elections, all eyes were on what was happening there. This may not be wrong. However, Zambia had election few months before then, and the international media came to cover it only when chaos erupted. In conclusion, the analysis done showed that indeed, there is a state of imbalance in the flow of information news. This state shows that there is still some form of neocolonialism where nations perceived to be superior dominate the flow of information. Moreover, developing nations are brought to limelight in the global news to show how things are bad there. Write an Essay in which you explain the relevance of social media networks in shaping political debates Many describe social media as the greatest invention of all times. This is because, for the first time in history, people from all over the world can communicate, exchange ideas and bring significant change together. Social media networks such Facebook and Twitter created a new channel of mass communication with new possibilities. In light of this, this article discusses the relevance of social media networks in shaping political debates. Social media networks have enabled a networked society and global connectivity (Kiesler, 2014, p. 178). Today, communication on politics, economy and social welfares happen beyond national borders and seen by everyone from anywhere so long as one has access to the Internet. Groups have taken advantage of this feature of social media networks to popularize their ideologies and mobilize the masses to help in achieving their objectives (Kiesler, 2014, p. 179). This could not be truer in discussing the #feesmustfall protest in South Africa that began in October 2015 in response to the increase in fees at South African universities. The protests began at the University of Witwatersrand and spread to Rhodes University and the University of Witwatersrand. After that, the protest spread to all the universities within the country. They used Facebook in sending messages to students in other universities to join the protest that later saw the government announce that fees had been decreased. This shows that SNSs are effective platforms of expressing the problems faced by the society and ensuring that the challenges are addressed (Leung, 2015, p. 1007). The students protest in South Africa and the article, Will the revolution be tweeted? show us the extent to which SNSs have rendered the world connected. Based on their effectiveness in ensuring peoples voices are heard, these platforms are very relevant on a national scale (Leung, 2015, p. 1020). They can be used by anyone to bring change that will have an everlasting effect. In conclusion, Social Media Network has proven to be crucial in shaping peoples views in politics. Through sites such as Facebook, students in South African universities are enjoying low fees. Therefore, institutions such as governments should invest more in using SNSs in communicating with the public. Integrated Marketing Communication (IMC) Campaign The beauty of international communication is that it enables the business to have their products displayed not just within the home state but also outside the country. Kawai-International Motors is a South African international motorbike manufacturing company that seeks to import Kanko1.2GL motorbikes to the Nigerian market. As the international marketing consultant, I have been requested to plan an Integrated Marketing Communication (IMC) campaign for the promotion of Kanko1.2GL motorbikes in the Nigerian market. Below is a discussion of how I will do it. An integrated marketing communication is a concept in marketing that ensures all promotional tools are together and working in harmony (Touboulic, 2016, p. 85). Being that promotion is one of the Ps in the marketing mix, it is important in creating a link between the messages and communication tools. The 4 Ps in marketing represent the product, price, promotion, and place (Touboulic, 2016, p. 86). It is important for the consumers to have a clear idea of what the product is and what it does. The price of the product determines the profit margins, supply, demand, and marketing strategy. Promotion ensures that the consumer receives the product's information. It usually induces the purchase of the product. Lastly, place in marketing ensures that the product is placed in an ideal location with the ability to turn potential customers into actual customers. The IMC created is geared towards enlightening the people in Nigeria about the qualities of the Kanko1.2GL motorbikes. Secondly, the campaign will create a distinction between our product and those of our competitors. Thirdly, through it, we hope to achieve a 10% increase in profit within the first year of our product in Nigeria. Moreover, we hope to build a customer base and induce brand loyalty among our potential customers. In this campaign, I intend to use television adverts as the main promotional tool. This is because, over 70% of the population in Nigeria have access to television and since our targets are the motorcycle riders, it is easier to find them turning to television after work hours than using the internet (Tibu, 2013, p. 2). I also intend to use the web in advertising our product on different active websites such as Facebook. Statistics show that more than 20 million Nigerians depend on motorcycles as means of transport (Tibu, 2013, p. 2). Also, many unemployed youths and men earn a living by running motorcycles as a commercial activity (Tibu, 2013, p. 2). This shows that there is a readily available market; we just have to adjust our prices and ensure that the motorbikes we are selling are unique and long-lasting. Lastly, the adverts shall be in English since most Nigerians speak this language. The IMC has proven to be an effective marketing strategy especially in selling the product beyond a countrys borders. Therefore, businesses should plan carefully when creating an IMC to reach its objectives. References List Cho, S. (2013). Toward a Field of Intersectionality Studies: Theory, Applications, and Praxis. Journal of Women in Culture and Society, 38 , 785-810. Ei-Ojeili, C. (2014). Reflections on Wallerstein: The Modern World-System, Four Decades on. Sage Journals , 138-154. Kiesler, S. (2014). Culture of the Internet. Psychology Press. Leung, Y. Z. (2015). The New Media and the society: A review of the Social Networking Service. New Media Society , 1007-1024. Tibu, F. (2013, June 21). Nigeria Manufactures the First Motorcycle. Retrieved May 2, 2017, from Autoevolution: https://www.autoevolution.com Touboulic, A. (2016). Sustainable purchasing and supply. Journal of Marketing Channels , 85-87.